Form 1099 Reporting: Third-Party Vendors, Foreclosures, Debt Forgiveness & More 2022 | Financial Education & Development Inc. | 8 November 2022 | Webinar
Venue
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| Event Date |
Tue Nov 8 PST (about 2 years ago)
In your timezone (EST): Tue Nov 8 3:00am - Tue Nov 8 3:00am |
| Location | Webinar |
| Region | Americas |
Details
Do you know the differences, IRS reporting requirements, and exclusions? This timely topic will ensure you can successfully navigate the necessary IRS forms, procedures, and hazards.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
• Properly complete Form 1099-A: Acquisition or Abandonment of Secured Property, Form 1099-C: Cancellation of Debt, Form 1099-MISC: Miscellaneous Information, and Form 1099-INT: Interest Income
• Understand when Form 1099-A must be filed when collateral is repossessed or foreclosed upon and what the exclusions are
• Identify when Form 1099-MISC must be filed for payments to vendors and which vendors are exempt from coverage
• Distinguish what constitutes cancellation of debt for purposes of Form 1099-C
• Determine what constitutes reportable interest for purposes of Form 1099-INT
• Explain the rules for reporting miscellaneous types of income under Form 1099-MISC
This informative session will be useful for all deposit operations personnel, loan operations personnel, accounting clerks, tax personnel, accountants, managers, compliance officers, auditors, and attorneys.
Speakers
2022 Speaker
PRESENTER:
Elizabeth Fast
Attorney, Spencer Fane LLP